The Cointelegraph Press Review

Cointelegraph.com News

• Super Micro co-founder arrested over alleged $2.5B AI chip smuggling scheme
  US authorities say they have charged and arrested Supermicro co-founder Yih-Shyan “Wally” Liaw for allegedly funnelling $2.5 billion in AI servers to China through shell companies.US authorities say the co-founder of Super Micro Computer, Inc. has been charged and arrested over an alleged multi-billion dollar scheme to smuggle advanced artificial intelligence chips from the US […]
• Gemini sued over post-IPO strategy shift, declining stock price
  Crypto exchange Gemini is facing a class-action lawsuit over what a complaint alleges is an “abrupt corporate pivot to a prediction-market-centric business model” after its IPO.Gemini has been hit with a proposed class action in New York for allegedly misleading investors during and after the crypto exchange’s September initial public offering.The class action lawsuit filed […]
• Appeals court denies Kalshi’s bid to stave off ban in Nevada
  US gaming lawyer Daniel Wallach says a Nevada state court-issued restraining order against Kalshi appears imminent, preventing it from offering sports-related contracts.A federal appeals court has cleared Nevada state authorities to enforce a temporary restraining order on Kalshi to block its sports event contracts.The Ninth Circuit Appeals Court on Thursday denied Kalshi’s emergency request to […]
• Major gold trade group releases framework for tokenized gold
  The World Gold Council says it will develop a platform to connect physical gold to the systems used to issue and manage tokenized gold products.The major gold trade association, World Gold Council, and the Boston Consulting Group have proposed a new platform to modernize how the precious metal operates in digital financial systems.The World Gold […]
• Gemini shares surge 6% after hours on Q4 earnings
  Gemini reported its fourth quarter revenues were $60.3 million, which co-founders Cameron and Tyler Winklevoss say is its highest quarterly revenue in three years.Shares in crypto exchange Gemini surged after hours as stronger-than-expected fourth-quarter results showed revenue growth driven by credit card adoption and a reworked fee structure.Gemini reported on Thursday that its Q4 revenues […]
• FBI warns fake FBI token on Tron is trying to scam users
  Scammers impersonating the FBI via a token are telling Tron users they are under investigation and must complete a check to avoid having their assets frozen.The US Federal Bureau of Investigation says a scam using a token on the Tron blockchain is impersonating the agency with the aim of grabbing personal information.FBI New York’s X […]
• Solana DApps revenue falls to 18-month low as SOL price risks $80 retest
  Weakening onchain activity and bearish derivatives data suggest that a SOL price recovery will take longer than most investors anticipate.Key takeaways:SOL derivatives signal bearish sentiment as funding rates hit 0% and put (sell) options trade at a premium.While Solana leads in DEX volume, it faces stiff competition from Hyperliquid in the perpetual contracts sector.Read more